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Quantitative Urban Models: From Theory to Data

[Symposium: Spatial and Urban Economics]

By Stephen J. Redding

Journal of Economic Perspectives, Spring 2023

Economic activity is highly unevenly distributed within cities, as reflected in the concentration of economic functions in specific locations, such as finance in the Square Mile in London. The extent to which this concentration reflects natural advantages...

Achieving Universal Health Insurance Coverage in the United States: Addressing Market Failures or Providing a Social Floor?

[Symposium: Universal Health Insurance]

By Katherine Baicker, Amitabh Chandra, and Mark Shepard

Journal of Economic Perspectives, Spring 2023

The United States spends substantially more on health care than most developed countries, yet leaves a greater share of the population uninsured. We argue that incremental insurance expansions focused on addressing market failures will propagate inefficie...